Category: Metal Pricing

Raw Steels MMI: How Will the UAW Strike Impact the Bearish Market, Steel Prices?

Raw Steels MMI: How Will the UAW Strike Impact the Bearish Market, Steel Prices? steel mill

The Raw Steels Monthly Metals Index (MMI) moved sideways, with a 2.83% decline from August to September as steel prices dropped almost across the board. Indeed, flat-rolled steel prices continued […]

Stainless MMI: Stainless Inventories High, Mill Lead Times Low as Base Prices Hold Firm

Stainless MMI: Stainless Inventories High, Mill Lead Times Low as Base Prices Hold Firm AdobeStock 559116606

The nickel price index continued to trend downward, as it fell to its lowest level since July 2022 by mid-September. Following an over 7% decline during August, prices fell nearly […]

Renewables MMI: Grain-Oriented Electrical Steel Prices Skyrocket

Renewables MMI: Grain-Oriented Electrical Steel Prices Skyrocket electrical steel, steel plate prices

Month-over-month, the Renewables MMI (Monthly Metals Index) ended up dropping significantly by 11.16%. The main culprit for this was cobalt prices dropping significantly in August, despite prices flattening again in […]

Construction MMI: Falling Chinese Imports Weigh on Construction, Steel Prices

Construction MMI: Falling Chinese Imports Weigh on Construction, Steel Prices products of the plant for the production of metal structures.

The Construction MMI (Monthly Metal Index) rose for the first time in five months, welcoming a 3.97% increase. However, this rise could prove deceiving as the index still faces numerous […]

Automotive MMI: Possible UAW Strike Could Seriously Impact Industry

Automotive MMI: Possible UAW Strike Could Seriously Impact Industry Mature worker controlling production line

Month-over-month, the Automotive MMI (Monthly Metals Index) slid downward by 3.42%. Steel prices within the index, like hot-dipped galvanized, trended sideways. However, copper and lead fell, introducing bearish pressure. Overall, […]

Rare Earths MMI: Is China Losing the Rare Earth Magnets Race?

Rare Earths MMI: Is China Losing the Rare Earth Magnets Race? fasssa-1

Seeing its first significant rise in over eight months, the Rare Earths MMI welcomed a boost of 6.84% month-over-month. Indeed, Chinese production of rare earths and rare earth magnets finally […]

Platinum’s Dramatic Reversal: Are Precious Metals Prices Poised for a Resurgence?

Platinum’s Dramatic Reversal: Are Precious Metals Prices Poised for a Resurgence? dsfdfs

Since late spring, platinum prices have seen significant downward movements. Crushed by bearish price action, prices have since declined by as much as 14%. At $950 / oz, platinum breached […]

Global Precious Metals MMI: Precious Metal Prices Drop Below Support Zones

Global Precious Metals MMI: Precious Metal Prices Drop Below Support Zones Rising silver prices concept. Investment in precious metals in the stock market

The Global Precious Metals MMI did not deviate far from its ongoing sideways trend. Indeed, since April, the index has continued to stay within a tight trading range without much […]

Renewables/GOES MMI: Cobalt and Other Battery Metals Prices Rise Slightly

Renewables/GOES MMI: Cobalt and Other Battery Metals Prices Rise Slightly Battery recycling concept. Green energy, Background from battari

Since April, the Renewables MMI (Monthly Metals Index) has been in a tight sideways trend. Falling demand and slumping material production for battery metals in China, as well as an […]

Raw Steels MMI: HRC Steel Prices Resume Downtrend, Cliffs Looks to Acquire U.S. Steel

Raw Steels MMI: HRC Steel Prices Resume Downtrend, Cliffs Looks to Acquire U.S. Steel West Chester, Ohio, USA - December 28, 2021: Cliffs headquarters

The Raw Steels Monthly Metals Index (MMI) moved sideways, with steel prices experiencing a modest 1.17% decline from July to August. Flat-rolled steel prices seemingly found a bottom at the […]

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